Mortgage Rates Keep Inching Down, Another Record Low
The average rate for a benchmark 30-year mortgage inched down 3 basis points (0.03 percentage points) over the past week to 2.77 percent, which is 11 basis points below its…
Purchase Mortgage Activity in the U.S. Down 18 Percent YOY
Mortgage loan application volume in the U.S. slipped 2 percent over the past week according to the Mortgage Bankers Association, and that’s despite the benchmark 30-year mortgage rate having dropped…
15-Year Mortgage Rate Drops to a New All-Time Low
While the average rate for a benchmark 30-year mortgage inched up 2 basis points (0.02 percentage points) over the past week to 2.80 percent, it remains 19 basis pointsd below…
Mortgage Loan Application Volume in the U.S. Increases, But…
Mortgage loan application volume in the U.S. ticked up 6 percent over the past week, according to the Mortgage Bankers Association. But with the benchmark 30-year mortgage rate back under…
Benchmark Mortgage Rate Drops, Nearing an All-Time Low
Having inched down to a five-month low last week, the average rate for a benchmark 30-year mortgage has since dropped another 10 basis points (0.10 percentage points) to 2.78 percent,…
Mortgage Loan Activity Down 18 Percent, Year-Over-Year
While the number of homes for sale across the U.S. has ticked up, and the average 30-year rate is back under 3 percent, mortgage loan application volumes ticked down 4…
Benchmark Mortgage Rate Drops to a Five-Month Low [UPDATED]
Having inched back over 3 percent two weeks ago to a two-month high, the average rate for a benchmark 30-year mortgage has since dropped 12 basis points (0.12 percentage points)…
Benchmark Mortgage Rate Inches Back Over 3 Percent
The average rate for a benchmark 30-year mortgage has inched up 9 basis points (0.09 percentage points) over the past week to 3.02 percent, which is the highest average rate…
Benchmark Mortgage Rate Inches Down to 2.96 Percent
The average rate for a benchmark 30-year mortgage inched down 3 basis points (0.03 percentage points) over the past week to 2.96 percent, which is 25 basis points below its…
Benchmark Mortgage Rate Back Under 3 Percent
Having inched up to 3.00 percent last week, the average rate for a benchmark 30-year mortgage has since inched back down 5 basis points (0.05 percentage points) to 2.95 percent,…